Opinion & Analysis

Voluntary corporate rescue as a lifeline for distressed businesses in Zim

NewsDay Staff ·

Voluntary corporate rescue as a lifeline for distressed businesses in Zim

It is common economic parlance, that there are worldwide supply chain problems. The war in Europe and other global issues have resulted in higher inflation and an increasingly uncertain economic outlook, which has negatively affected companies globally, and specifically in Zimbabwe.

In addition, research from Morgan & Co, published in their Economic Outlook Report 2023, has predicted volatility in the Zimbabwean economy ahead of the upcoming general elections, citing potential effects of political tensions.

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